To convert a value from thousands to billions, you need to divide the value by 1,000,000 (because 1 billion is equal to 1,000,000 thousands). Here’s the conversion formula:
Value in Billions = Value in Thousands 1,000,000
For example, let’s say you have a value of 500,000,000 in thousands, and you want to convert it to billions:
Value in Billions = 500,000,000 1,000,000 = 500
So, 500,000,000 in thousands is equivalent to 500 in billions.
